Skip to Content
Streetsblog New York City home
Streetsblog New York City home
Log In
Andrew Cuomo

As Dedicated MTA Funds Disappear, Cuomo Still Hasn’t Signed Lockbox Bill

Even as Governor Andrew Cuomo moves to put $320 million in dedicated transit funding in a precarious position, he still hasn't acted on transit lockbox legislation which would help protect the dedicated funds that remain.

The bill, sponsored by Assembly Member James Brennan and Senator Marty Golden, passed both houses of the legislature unanimously last summer. Cuomo hasn't acted on the legislation, however. If passed, the lockbox would make it harder for either the governor or the legislature to steal dedicated transit funds.

According to Golden staffer John Googas, the governor has until December 31 to sign or veto the legislation. For now, it appears that the version of the legislation that passed, which earned support from an unusually broad coalition of transit advocates, labor unions, good government groups and the private sector, will be the one that Cuomo will decide on. Googas said Golden believes the current language offers "the best possible protection we can get" for transit funds and that there are not active plans to amend the bill.

Update: We're hearing reports that a greatly weakened version of the bill may, in fact, replace the lockbox bill passed by the legislature. We'll have an update when the situation becomes clear.

Cuomo has three weeks to choose whether he thinks dedicated transit funds -- at least those he'll allow to remain dedicated -- should go to transit.

Stay in touch

Sign up for our free newsletter

More from Streetsblog New York City

Friday’s Headlines: Hochul’s Fantasy World Edition

The governor has gone off the deep end. Plus other news.

July 19, 2024

Speaker Adams: Council May Not Use its ‘Sammy’s Law’ Power to Lower Speed Limits

The Council may not lower the speed limit, even though it fought so hard to get that very right from the state legislature.

July 19, 2024

Parks Dept. Has Money But No Timeline to Finish Eastern Queens Greenway

There's tens of millions of dollars for the greenway, so when will parks build it?

July 19, 2024

Thursday’s Headlines: Paris is a Lot Cooler than NYC Edition

The City of Light has figured out how to reduce the heat island effect. Plus other news in today's daily digest.

July 18, 2024

Exclusive: Legal Team Announced for Suit Against Hochul’s Congestion Pricing ‘Pause’

Attorneys from three firms have inked a joint defense agreement to fight "the governor’s illegal decision to cancel congestion pricing," Comptroller Brad Lander said.

July 17, 2024
See all posts